Latest Reinsurance Headlines

All the headlines from our Reinsurance Topic Page, ordered by recency.

Swiss Re, Munich Re Wade Into Dutch Flood Insurance

Sep 16 2014 // The world’s biggest reinsurers, pushed by rising competition in existing markets, are preparing to insure against Dutch floods, a peril that centuries of experience have warned most in the Netherlands against.Swiss...

The Mood in Monte Carlo

Sep 15 2014 // For a financial sector posting a double-digit rise in earnings and boasting large cash piles, reinsurers sure see a lot of storm clouds on the horizon.That’s because they are facing what many see as an unprecedented...

U.S. Treasury Eyes Hedge Funds’ Use of Low-Tax Bermuda Reinsurers

Sep 12 2014 // The U.S. Treasury Department said it’s considering ways to end a “loophole” that allows hedge- fund managers to avoid taxes by routing their investments through an insurance company in low-tax countries...

Maine’s SurePoint Re Advisors to Be Acquired by Willis Re

Sep 11 2014 // Willis Group Holdings plc announced today that Willis Re Inc., its North American reinsurance business, has entered into a definitive agreement to acquire the assets of SurePoint Reinsurance Advisors, LLC, in Portland,...

Reinsurance Alternative Capital Now 20% of Cat Market: Aon Benfield ILS Report

Sep 11 2014 // Alternative capital has captured approximately a 20 percent market share of property catastrophe reinsurance volume.That news came our of Aon Benfield Securities, which issued its annual report on the insurance-linked...

Japanese Specialty Reinsurer Canopius Expands U.S. Footprint

Sep 10 2014 // Canopius Group Limited, the global specialty (re)insurance platform of Sompo Japan Nipponkoa Holdings Inc., said it is expanding its U.S. presence with the launch of Canopius Underwriting Agency Inc. (CUAI).Based in New...

S&P to Publish Annual ‘Global Reinsurance Highlights’ Report

Sep 10 2014 // Standard & Poor’s Ratings Services will publish its annual “Global Reinsurance Highlights” publication to coincide with the 2014 Reinsurance Rendezvous in September. It will provide a detailed...

Best’s Reinsurance Industry Report Examines Relevancy of the Underwriting Cycle

Sep 9 2014 // A.M. Best has released its annual segment review of the global reinsurance industry, titled “How Relevant Is The Underwriting Cycle?” The special report includes a ranking of the top 50 global reinsurance...

Storm Clouds on the Reinsurance Horizon despite Record Capital

Sep 9 2014 // As the reinsurance industry prepares for its annual get together in Monte Carlo next week, a number of analytical reports have appeared, which show that, despite some significantly good numbers for the first six months of...

Aon Benfield Study: Global Reinsurer Capital at New Peak – $570 Billion

Sep 8 2014 // The latest edition of the Aon Benfield Aggregate (ABA) report, which analyzes the financial results of the world’s leading reinsurers in the first half of 2014, estimates that global reinsurer capital reached a...

Ott Joins StoneHill Reinsurance as Executive Vice President

Sep 5 2014 // Independent Minneapolis-based broker StoneHill Reinsurance Partners LLC announced that Charles R. (Chip) Ott, Jr. has joined the firm as its executive vice president.Ott will work with current and prospective clients on...

SCOR Receives License to Operate as Local Brazil Reinsurer

Sep 4 2014 // France’s SCOR announced the creation of a local entity in Brazil, SCOR Brasil Resseguros SA (SCOR Brasil Re), following receipt of a license to operate as a Local Reinsurer granted by the Brazilian insurance...

S&P Report Warns Reinsurers Not to Ignore Global Impact of Climate Change

Sep 3 2014 // Standard & Poor’s Ratings Services has announced the publication of its annual “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September.S&P said the...

‘Worst Market in Memory’ to Keep Pressure on Reinsurance Rates

Sep 3 2014 // The worst reinsurance market in memory looks set to carry into 2015, industry executives said.An absence of costly disasters and increasing competition from new entrants dragged on prices this year, and reinsurers may...

Soares Joins Woodruff-Sawyer in California as Vice President

Sep 2 2014 // San Francisco, Calif.-based Woodruff-Sawyer & Co. announced today that Casey Soares is joining the firm as a vice president and property specialist. Soares will partner with client and prospect teams while serving as...

Aon Benfield Secures Reinsurance Capacity for AEGIS Cyber Offering

Aug 29 2014 // Aon Benfield announced that it has secured “the reinsurance capacity for a unique cyber product developed by the Lloyd’s syndicate of mutual energy insurer AEGIS London.“The product offers a comprehensive...

S&P Report Urges ‘Disaster Resilience’ with Governments for Reinsurers’ Growth

Aug 28 2014 // Standard & Poor’s Rating Services announced the publication of its “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September. S&P described the report as...

Underwriting and an EICy Approach to Climate Change

Aug 21 2014 // Floating together in a muck of alphabet soup the insurance industry, the government and the scientific community can be assured success in at least one thing amid their combined efforts to deal with climate...

Allied World Names Bender CEO for Global Reinsurance Operations

Aug 21 2014 // Allied World Assurance Company Holdings, AG announced the appointment of John Bender as CEO for the company’s global reinsurance operations. He has overseen Allied World’s reinsurance platform globally since...

Weakening Operating Fundamentals Tip Reinsurers’ Outlook to Negative: A.M. Best

Aug 20 2014 // A.M. Best announced that it has “revised its ratings outlook on the global reinsurance sector to negative from stable, citing the significant ongoing market challenges that will hinder the potential for positive...